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Auto Service - Gas-Conv

Murphy Express I Jacksonville MSA I 20 Fuel Pumps

6706 103rd St, Jacksonville, FL 32210

Listing Price: $1,972,396

Cap Rate
5.05%
Tenant Name
Murphy Express
Years Remaining On Lease
8.9
Gross SF
1,215
Guarantor
Corporate Guarantee
Rentable SF
1,215
Price/Gross SF
$1,623.37
Lease Type
NNN Ground Lease
Rent Per Square Feet
$81.98

Investment Overview

Absolute NNN Ground Lease w/ No Landlord Responsibilities. Long Term Lease w/ Attractive Rent Increases. Anchored By Walmart Supercenter. Jacksonville Metro Location. Sound Demographics. Investment Grade Credit.

Investment Highlights

  • Absolute NNN Ground Leased Murphy Express with 20 Fuel Pumps Under a Canopy Located at a Heavily Trafficked Signalized Intersection on 103rd Street (36,500 Vehicles Per Day (VPD))
  • Lease Features Over 9 Years Remaining on the Base Term with Attractive 7 Percent Rent Increases Every 5-Years to Hedge Against Inflation and Provide Maximum Investor Security
  • Situated at the Entrance to a Shopping Center Anchored by a Walmart Supercenter and Surrounded by a Host of National Tenants Including Advance Auto Parts, Fifth Third Bank, Take 5 Oil Change, McDonald
  • Metropolitan Statistical Area, the Most Populous City in the State of Florida and the Largest City by Area in the United States with a Population of Nearly One Million Residents
  • Situated in an Area with Over 185,000 People Living Within a 5-Mile Radius with an Average Household Income Exceeding $71,000 and Projected to Experience Population Growth Expected to Exceed 3% Within a 1-Mile Radius Between 2022 and 2027
  • Situated in an Area with Over 185,000 People Living Within a 5-Mile Radius with an Average Household Income Exceeding $71,000 and Projected to Experience Population Growth Expected to Exceed 3% Within a 1-Mile Radius Between 2022 and 2027

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Auto Service - Gas-Conv

Murphy Express I Jacksonville MSA I 20 Fuel Pumps

Listing Price: $1,972,396

Cap Rate
5.05%
Tenant Name
Murphy Express
Years Remaining On Lease
8.9
Gross SF
1,215
Guarantor
Corporate Guarantee
Rentable SF
1,215
Price/Gross SF
$1,623.37
Lease Type
NNN Ground Lease
Rent Per Square Feet
$81.98

Investment Highlights

  • Absolute NNN Ground Leased Murphy Express with 20 Fuel Pumps Under a Canopy Located at a Heavily Trafficked Signalized Intersection on 103rd Street (36,500 Vehicles Per Day (VPD))
  • Lease Features Over 9 Years Remaining on the Base Term with Attractive 7 Percent Rent Increases Every 5-Years to Hedge Against Inflation and Provide Maximum Investor Security
  • Situated at the Entrance to a Shopping Center Anchored by a Walmart Supercenter and Surrounded by a Host of National Tenants Including Advance Auto Parts, Fifth Third Bank, Take 5 Oil Change, McDonald
  • Metropolitan Statistical Area, the Most Populous City in the State of Florida and the Largest City by Area in the United States with a Population of Nearly One Million Residents
  • Situated in an Area with Over 185,000 People Living Within a 5-Mile Radius with an Average Household Income Exceeding $71,000 and Projected to Experience Population Growth Expected to Exceed 3% Within a 1-Mile Radius Between 2022 and 2027
  • Situated in an Area with Over 185,000 People Living Within a 5-Mile Radius with an Average Household Income Exceeding $71,000 and Projected to Experience Population Growth Expected to Exceed 3% Within a 1-Mile Radius Between 2022 and 2027

Investment Overview

Absolute NNN Ground Lease w/ No Landlord Responsibilities. Long Term Lease w/ Attractive Rent Increases. Anchored By Walmart Supercenter. Jacksonville Metro Location. Sound Demographics. Investment Grade Credit.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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